Broker dealer BTIG Ltd. has expanded its global fixed-income group to include a London-based team focused on emerging markets, it announced Monday.

The addition of this team is the first stage of BTIG’s global rollout of its fixed-income group, the firm said. It will complement its U.S. team.

Darren Reiss, formerly of Knight Libertas LLC, is the managing director and head of the emerging markets fixed-income sales team in London. 

Also joining BTIG and working for Reiss are Russell Scott, managing director in the emerging markets fixed-income team as head of trading in Central Eastern Europe Middle East & Africa, or CEEMEA; Cornelia Colonius and Alpesh Lad. All came from UBS.

They will report to Alex May, global head of emerging markets. 

Launched in February 2009, the group has more than 70 employees and focuses on sales and trading of credit products across the full credit spectrum, emerging markets and structured product. 

Reiss’ career in fixed-income markets spans 18 years. At Knight Libertas, he was a director on the institutional fixed-income sales desk. Previously, Reiss was a director of HSBC in the emerging markets sales team for eight years.  He started his career at Hambros Bank, trading investment grade credits.

Scott has 16 years of emerging market credit trading experience. He was executive director in the emerging market trading team at UBS. He also held roles at HSBC, trading emerging market fixed-income and credit derivatives, and Lehman Brothers, where he was a director in fixed-income trading. Scott started his career with eight years at ING.

Lad had 15 years’ experience in emerging markets corporates, sovereigns and structured products.  His last role was as executive director, emerging markets structuring and distribution at UBS. He also worked at HSBC and Merrill Lynch. He began his career at JPMorgan Chase.

Colonius joins BTIG’s emerging markets fixed-income group in London with nine years experience in emerging markets on both the buy and sell side. She was director of HSBC in the emerging markets sales team covering European pension and hedge funds. Most recently, she had joined the trading floor as product specialist and spot trader at HSBC Brazil in Sao Paulo. Colonius started her career at Deutsche Asset Management--now Aberdeen Asset Management--as a junior analyst.